Adam - "Guilty Dad"
Adam is 42 and has 2 kids. He doesn’t understand the stock market and has always avoided shares. However, he’s starting to think about schools for the children and is wondering if going private is an option. He’s feeling a bit guilty about not getting his head around this stuff sooner but wants to explore his options and to see if he can make his cash work harder. He’s not comfortable going it entirely alone.
- He can set aside about £400 a month
- He has a lump sum of about £15,000 in a cash account
- He doesn’t know much about investing
- Even if the schools thing doesn’t work out, he’s still interested in building a longer-term savings pot.